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Last Updated: Apr 26, 2025 | Study Period: 2024-2030
Naphthalene-2,6-dicarboxylic acid and ethylene glycol are used to make the polyester known as polyethylene naphthalate (PEN).It shares this relationship with poly (ethylene terephthalate), although it has better barrier qualities.
There are two main ways to make polyethylene naphthalate (PEN), the ester process and the acid method, depending on whether the initial monomer is an ester or a diacid derivative.
Ethylene glycol serves as the glycol monomer in both situations for PEN. The favored procedure to raise the average molecular weight of PEN is solid-state polymerization (SSP) of the melt-produced resin pellets.
The Global Plateware Polyethylene Naphthalate (PEN) Resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The packaging industry has extensively commercialised polyethylene naphthalate (PEN) resin as a packaging material with a variety of noteworthy properties.
The technological advancements in the packaging industry have helped the PEN market advance. PEN is used as a packaging material by a wide range of end-use industries.
PEN has been utilised in several products, including plateware, medical packaging, and containers for cosmetics. Because polyethylene naphthalate (PEN) can delay oxidation and increase shelf life until food is actually consumed, the packaging industry is predicted to have one of the highest demand levels over the projected period.
High shrinkage resistance, outstanding barrier qualities, high-temperature properties, and dimensional stability are just a few of the attributes that have aided in the product's widespread use in numerous industries.
One major trend driving up sales in the PEN market is the demand for high-barrier packaging materials in the food sector. The growing demand for producing photographic films is another important element driving the expansion of the PEN industry.
These films in turn have a variety of high-end uses, such as pressure-sensitive tapes in the medical field and the solar business.
Therefore, the market's growth prospects are driven by the vast range of PEN applications. The market for PENs has seen a significant increase in sales as a result of the need for these materials in electronics and electrical applications.
However, the high cost of production brought on by fluctuations in raw material supply has caused some serious issues for producers all over the world.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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